Dollar General | 210 N Main St
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Dollar General 210 N Main St
7,920 SF Retail Building Loreauville, LA 70552 $489,980 CAD ($62 CAD/SF) 9% Cap Rate
Investment Highlights
- Retail Synergy: Located next to the local auto parts shop, bank, pharmacy, and high school
- Average household income of $76,540 within a 10-mile radius of the property, considered to be ideal for Dollar General
- Extremely strong corporately guaranteed lease
- Two, 5-year options, which include 10% rent increases
- Located directly off Main Street, the main thoroughfare of Loreauville
- Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future
Executive Summary
- Retail Synergy: Located next to the local auto parts shop, bank, pharmacy, and high school
- Two, 5-year options, which include 10% rent increases
- Average household income of $76,540 within a 10-mile radius of the property, considered to be ideal for Dollar General
- Located directly off Main Street, the main thoroughfare of Loreauville
- Extremely strong corporately guaranteed lease
- Two, 5-year options, which include 10% rent increases
- Average household income of $76,540 within a 10-mile radius of the property, considered to be ideal for Dollar General
- Located directly off Main Street, the main thoroughfare of Loreauville
- Extremely strong corporately guaranteed lease
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,920 SF
Building Class
C
Year Built
2001
Price
$489,980 CAD
Price Per SF
$62 CAD
Cap Rate
9%
NOI
$44,098 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
4.77 AC
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Dollar General | 210 N Main St
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